Description

BSE informs trading members about SEBI turnover fee payment with 18% GST across all segments, debited on September 3, 2025.

Summary

BSE notifies trading members that SEBI turnover fees across all segments (Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment, and EGR segment) will be subject to 18% GST and debited from settlement accounts on September 3, 2025.

Key Points

  • SEBI turnover fees subject to 18% GST effective from July 18, 2022
  • Payment debited on 3rd working day of next month (September 3, 2025)
  • Turnover details available in EXTRANET from September 1, 2025
  • GST payable on amount in column 26 of TF2A file
  • Invoices available from August 4, 2025 in EXTRANET
  • Fees debited separately with appropriate narration

Regulatory Changes

Continuation of existing GST framework at 18% rate on SEBI turnover fees across all trading segments, as established in July 2022.

Compliance Requirements

  • Trading members must ensure sufficient funds in settlement account/Exchange dues account
  • Monitor turnover details in EXTRANET (current date > EQ > Transaction)
  • Download invoices from EXTRANET path: Periodic files > 2025 > SEBIAUG2025.Member_Code
  • Review GST liability in column 26 of TF2A file

Important Dates

  • September 1, 2025: Turnover details available in EXTRANET
  • September 3, 2025: SEBI turnover fees with GST debited from accounts
  • August 4, 2025: Invoices available for download

Impact Assessment

Routine operational impact for trading members requiring adequate fund management in settlement accounts. No change to existing GST structure, ensuring continuity in fee collection process across all BSE trading segments.

Impact Justification

Routine fee payment notice affecting all trading members with clear payment dates and procedures